-TheCitizen.in 90% rise in Indian billionaires’ wealth There has been a 90% rise in Indian billionaires’ wealth over past decade. It is not accidental. The BJP led government reduced corporate income tax from 30 to 22 percent starting from the financial year 2019/20. New corporates established in India after October 2019 will only pay 15 percent. It has also provided many other opportunities, incentives and foregoing exemptions to corporations. Meanwhile the Union government...
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India's Oligarchy Shuts the People Out – and the Constitution Is to Blame -Bhanu Dhamija
-TheWire.in Only a serious overhaul can remedy the fundamental shortcomings in our constitution. It is now clear that India, the world’s largest democracy, is being run by an oligarchy, a form of government where the real power lies with just a few individuals and families. This became tragically evident from the recent saga of India’s agricultural reforms. Three farm laws were enacted by a coterie in the Centre without even recognising that...
More »Kerala Only State That Pays MSPs as per Swaminathan Commission Recommendations -Dr Somu
-Newsclick.in PM Modi has said that despite there being no APMC market yards in Kerala, the state is opposing the farm laws. But what Kerala has is an alternative course of agricultural policies. Prime Minister Narendra Modi while releasing Rs 18,000 crore on Friday as the next Rs 2000 installment to eligible farmers under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) programme, accused the opposition parties of misleading the agitating farmers that...
More »Economic revival beating predictions: RBI bulletin
-The Hindu “Economic conditions continued to improve through November on the back of the uptick in agriculture and manufacturing,” RBI officials say in an article in the central bank’s monthly bulletin. There is now more evidence to show that the Indian economy “is pulling out of COVID-19’s deep abyss and is reflating” at a pace that beats most predictions, RBI officials, including Deputy Governor Michael Patra, said in an article in the...
More »Electoral Bonds: 'No Public Interest' in Revealing Details of Political Donors, Says Top RTI Body
-TheWire.in While dismissing an appeal, the statutory body also held that revealing the details of donors would violate the provisions of the Right to Information Act. New Delhi: In a significant ruling, the Central Information Commission has held that disclosing the identities of the electoral bond scheme donors is not in the public interest. The statutory body for the implementation for the RTI Act also held that revealing the details of donors would...
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